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My Visit to the Local Food Bank to Learn About How to Feed the Hungry

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So where do you turn when you are hungry and can’t afford to feed yourself or your family? Maybe a food bank is something to investigate. This morning I had the pleasure of visiting the Food Bank of Central & Eastern North Carolina in Raleigh. Christy, an exuberant representative, gave me the grand tour of the facility and helped me ... Read More »

    My Friend and Fellow Motorcycle Rider is Worried About Getting Laid Off

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    The economic blues are hitting more and more people. I just learned that a friend of mine who works at a Bridgestone tire plant is on the bubble for the next wave of layoffs. My friend and fellow Suzuki Burgman rider is known as the Smyrna Cowboy and he publishes a regular vlog on riding and life. And by the ... Read More »

      “I’m Right There With Everyone Else”

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      My name’s Annette and I just got told that in two weeks, my job will go from 40 hours a week to 10. On top of that, I’m losing all my benefits. Which means I have no health insurance to cover my lupus. My husband and I entered a debt management program several months ago that seems to be helping ... Read More »

        Consumers More Intelligent Than Automakers Think

        Old Detroit and General Motors

        “Little Three” Detroit automakers seem to be consumed with fear that people would not purchase a new car from an automobile manufacturer that was or has gone bankrupt and that the fear of bankruptcy is scaring buyers away. I think this just shows how out of touch that Detroit is with the American buyer. It is not the thought of ... Read More »

          Somali Pirates Are a Good Credit Risk. Maybe They Need An American Express Card?

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          The hijacking and hijinks of the pirates in Somalia have been in the news. Apparently a new home based business has sprung up off the coast of Somalia as armed pirates board shipping vessels and hold the ship and crew for ransom. The hijackers have a favorite part of the coast to park their ships while they await the ransom ... Read More »

            Constipated Lending Makes Economy Ill

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            Our economic life cycle is dependent on all all parties doing their fair share of the heavy lifting. Finance companies and banks lend – consumers buy stuff using credit – stuff must be built – jobs are created and so forth. We keep hearing about a crushing windpipe grip on banks and the government pleading to them to lend again. ... Read More »

              Here’s some real financial advice you can really use: keep spending

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              Here's some financial advice you can really use: keep spending Ottawa Citizen,  Canada - 22 minutes ago Don't pile up credit card debt , they say. Live within your means. Take any job to bring in some money, even if it means bagging groceries. ... Read More »

                Some Interesting Ideas To Try To Bribe You To Spend, Spend, Spend

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                Here are some interesting ideas floated in a recent Washington Post article to encourage consumers to get back to what they are supposed to do best, spend. What do you think about these ideas? Idea 1 Lower the price of consuming. State governments could suspend sales taxes, with the federal government picking up the tab. The feds, under this plan, ... Read More »

                  Surviving With Less Credit

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                  At ByDesign Financial Solutions, a debt-counseling service in Modesto, Calif., they’re working overtime these days. “Our call volume went up 97% in the past five weeks, which has left us scrambling,” says Martha Lucey, president of the nonprofit agency. “[The callers] are close to the max on their credit cards, and they just can’t figure out how to manage. We’ve ... Read More »

                    Redefining the American Dream

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                    Redefining the American Dream Washington Times, DC - 17 minutes ago And credit card defaults look like the next shoe to drop as cash-strapped Americans have run up credit card debt to postpone the day of reckoning. ... Read More »

                      Consumer spending accounts for two-thirds of US economy

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                      Consumer spending accounts for two-thirds of US economy Minnesota Public Radio, MN - 49 minutes ago It's now at its highest point in decades at nearly 71 percent and, perhaps not surprisingly, credit card debt has climbed along with it. ... Read More »

                        Bad Economy Leads To Opportunity

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                        It’s nice to see our friends in Scotland able to put a smile and optimism on an otherwise depressing economic time. Here is an article from Edinburgh. Nobody said it would be easy. As the threat of a deep and lengthy recession looms over the country like a soggy, grey cloud, we could all be forgiven for feeling a bit ... Read More »

                          As Economy Slows, Lenders Begin to Curb Credit Cards

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                          As Economy Slows, Lenders Begin to Curb Credit Cards New York Times, United States - 2 hours ago Currently, the total losses amount to 5.5 percent of credit card debt outstanding, and could surpass the 7.9 percent that occurred after the technology ... Read More »

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